Zilliqa

Get Zilliqa (ZIL) latest news and information from trusted cryptocurrency sources.

Widely followed analyst Michaël van de Poppe is assessing three crypto assets for potential entry points while laying out his price targets.
The trader tells his 612,900 Twitter followers that enterprise-solution blockchain Zilliqa (ZIL) could possibly break out toward the $0.05 level if it can find support above $0.0375.

“A play I’d be looking at if we can get a clear retest.
Personally would be looking at $0.0355 – $0.0375 for longs and then targeting around $0.048.
Or a flip of $0.048 would do.”
Source: Michaël van de Poppe/Twitter
At time of writing, Zilliqa is down 5.25% over the last 24 hours, changing hands for $0.0396.
Next on the analyst’s list is leading smart contract platform Ethereum (ETH). He looks at ETH on the Bitcoin (BTC) trading pair when accounting for a high time frame (HTF) and also points out the possibility of a bullish divergence, a metric where a lower low appears on the price chart but then a corresponding indicator shows a higher low.
“Looking at new support now on HTF based.
Expecting to see a retest at 0.058 BTC or even 0.063 BTC – 0.065 BTC if bullish divergence continues to play out.”
Source: Michaël van de Poppe/Twitter
Ethereum is currently worth 0.050007 BTC, or $1,063, down 6.19% over the last 24 hours.
The last coin on the trader’s radar is enterprise-grade blockchain platform Fantom (FTM). Van de Poppe says he’ll be watching the altcoin over the long term while noting it could more than double from current levels by breaking past several key resistance points.
“Let’s look at the higher time frames.
Needs to break $0.34 and then $0.54 and $0.68 are open.”
Source: Michaël van de Poppe/Twitter
Fantom is currently down nearly 7% over the last day, trading for $0.25.
Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox 

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines



 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.



Featured Image: Shutterstock/Ongky Ady Widyanto/karnoff/Sol Invictus
The post Here’s What’s Next for Ethereum, Fantom and One Additional Altcoin, According to Analyst Michaël van de Poppe appeared first on The Daily Hodl.


Widely followed analyst Michaël van de Poppe is assessing three crypto assets for potential entry points while laying out his price targets. The trader tells his 612,900 Twitter followers that enterprise-solution blockchain Zilliqa (ZIL) could possibly break out toward the $0.05 level if it can f...

dailyhodl.com

Here’s What’s Next for Ethereum, Fantom and One Additional Altcoin, According to Analyst Michaël van de Poppe

A widely followed crypto strategist and trader is eyeing possible rallies for a trio of altcoins including Polygon (MATIC) and Zilliqa (ZIL).
Crypto strategist Michaël van de Poppe tells his 602,900 Twitter followers that blockchain scaling solution Polygon is in a position for a breakout as long as it stays above its immediate support area.

“This one I’m looking to see support sustain around $0.59. If it cracks the $0.70 barrier, gates are open for a move. Great fundamental news, so would be watching this one for movements. If $0.59 lost -> $0.45 a target long area.”
Source: Van de Poppe/Twitter
At time of writing, MATIC is changing hands for $0.64.
Next up is Zilliqa, a blockchain designed for enterprise solutions. According to Van de Poppe, ZIL is showing signs of strength as it trades within a narrow range.
“Good build-up here and consistent range. Looking to see whether $0.05 sustains support. If so, I’m expecting a run towards $0.062-$0.067 as possible.”
Source: Van de Poppe/Twitter
ZIL is trading for $0.051 at time of writing, up nearly 3% in the last 24 hours.
The last coin on the trader’s radar is XCAD, the native utility token of non-fungible token marketplace XAcademy Network. Van de Poppe says that XCAD looks bullish, and he’s waiting for a pullback before placing long positions.
“This one is showing strength, and I’m expecting this one to continue doing well with all the updates coming up. Definitely on my watch. Further, I won’t be chasing a long here. Would be seeking around the $2.50 area.”
Source: Van de Poppe/Twitter
XCAD is currently valued at $3.88, up over 27% in the past day.
Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox 

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines



 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.



Featured Image: Shutterstock/Liu zishan/Voar CC
The post Crypto Analyst Predicts Breakout for Polygon (MATIC), Says Zilliqa (ZIL) and One Low-Cap Altcoin Flashing Strength appeared first on The Daily Hodl.


A widely followed crypto strategist and trader is eyeing possible rallies for a trio of altcoins including Polygon (MATIC) and Zilliqa (ZIL). Crypto strategist Michaël van de Poppe tells his 602,900 Twitter followers that blockchain scaling solution Polygon is in a position for a breakout as long...

Crypto Analyst Predicts Breakout for Polygon (MATIC), Says Zilliqa (ZIL) and One Low-Cap Altcoin Flashing Strength

Citing the official crypto developers’ resource, CoinDesk reported that the Ethereum Foundation has rescheduled the transition to the Proof-Of-Stake consensus algorithm.
The Eth1 and Eth2 networks merger with the subsequent abandonment of mining as a means of transaction validation was planned for late 2021 – early 2022. Now, the developers aim to implement Proof-Of-Stake between Q1 to Q2 2022. Thus, miners receive extra time to withdraw profit from their GPU, which can adversely affect the availability of GPUs in retail.
However, staking enthusiasts shouldn’t just sit around waiting for this big day. Moreover, this is not the first time Buterin’s team has postponed it. Meantime, we offer one up-and-coming project – Zilliqa.
It is one of the fastest-growing blockchains worldwide that offers its users DeFi and the simplest way to create user-friendly dApps. This is an open and transparent platform with marketplaces where users can mint items and turn them into unchangeable and tamper-proof NFTs. Zilliqa embraces Metapolis, a groundbreaking metaverse-as-a-service (MaaS) platform built on the top of Zilliqa blockchain.
The Zilliqa blockchain is safe and secure. It was developed by the brightest minds and experienced people in the industry. The platform offers lower transaction fees and developer-friendly smart contract language. Its consensus protocol was designed with sustainability in mind. As the network grows, the transaction capacity increases too.
As the Zilliqa blockchain is easy-to-handle, even a beginner can create decentralized apps on top of Zilliqa and take advantage of this blockchain’s benefits. dApps bring business to a brand new level as they open smarter options for creative industries, gaming, banking, etc.
Zilliqa Achievements
In March 2022, the ZIL token became one of the most popular cryptocurrencies, boosting from $0.045 to $0.186, which is a 300% growth. On March 31, the growth was fixed at the level of 321%. Amid such rapid growth, ZIL has become an extremely attractive token for miners, and they started to massively join Ezil Pool, which is a number one pool for Zilliqa. The Ezil Pool made it to the top 10 pools in terms of hashrate. It offers several withdrawal methods, which help ETH miners save up to 20%.
Check out the comparison below:



 
Ethermine
Ezil


Fee
1%
1%


Coins
ETH/ETC
ETH/ETC+ZIL


Reward method
PPLNS
PPLNS, PPS+


Payment method
ETH, Polygon
ETH, Polygon, BSC, OEC, HECO, Arbitrum


Detailed reports
No
Yes



The pool has a user-friendly interface and 24/7 customer support. 2.1% of the world’s  ETH and 20.51% of ZIL are mined with ezil.me every day.
Wrapping up
As the Ezil Pool has become one of the top mining pools, Zilliqa is an up-and-coming project with one of the fastest blockchains and the most convenient platform for creating dApps, it’s safe to say that mining ZIL is a reasonably good choice.
 
 


Citing the official crypto developers&#8217; resource, CoinDesk reported that the Ethereum Foundation has rescheduled the transition to the Proof-Of-Stake consensus algorithm. The Eth1 and Eth2 networks merger with the subsequent abandonment of mining as a means of transaction validation was plan...

newsbtc.com

What To Stake in 2022: Zilliqa Blockchain in figures

ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process.
Zilliqa (ZIL)
ZIL was one of the biggest crypto movers on Monday, as prices dropped by as much as 10% to start the week.
After trading at a high of $0.1154 on Easter Sunday, ZIL/USD raced to an intraday bottom of $0.1015 during Monday’s session.
Today’s drop sees ZIL fall for the fourth consecutive session, pushing prices below its recent support level in the process.

This floor of $0.1030 gave way for the first time this month, with prices falling to their lowest level since late March.
In addition to this, the 14-day RSI also saw its own floor broken, as price strength continued to track in oversold territory. 
Following a high of $0.2300 to start the month, ZIL has seen consistent falls in price, which now means prices are over 50% lower so far in April.

Chainlink (LINK)
Similar to ZIL, LINK has fallen for much of April thus far, as prices moved away from multi-month highs.
As of writing, LINK/USD slipped to a bottom of $13.21, following a high of $14.52 during yesterday’s session.
This move sees LINK trading around 8% lower to start the week, and has led to a breakout of the $13.50 price floor.

As a result of today’s drop, prices have fallen to their lowest point since March 15, which could be good news for bulls looking to buy the dip.
Looking at the chart, history shows that bulls typically re-enter the market at this level. However, with the moving averages still showing signs of further bearish pressure, some traders could be hesitant to take a position. 
Overall, prices are oversold, with the 14-day RSI tracking at 37.57, which is near its weakest since early March. 
Could history repeat itself, with bulls lifting LINK prices this week? Let us know your thoughts in the comments.



























ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process. Zilliqa (ZIL) ZIL was one of the biggest crypto movers ...

news.bitcoin.com

Biggest Movers: LINK Hovers Near Long-Term Support as ZIL Loses 10% of Its Value

ZIL was up by more than 20% in Thursday’s session, as prices rebounded following a string of recent drops. RUNE was also up by over 15% today, as it hit its highest point so far this week. Overall, the global crypto market cap is up 2.08% as of writing.
Zilliqa (ZIL)
Following almost two weeks of declines, ZIL finally stopped the bleeding, rallying by over 20% during today’s session.
ZIL/USD rose to an intraday high of $0.1263 earlier in Thursday’s session, as price continues to move away from its recent support point.
This floor was at the $0.1033 level, which has historically seen significant bullish moves begin from there, and today’s rally follows this trend.

Recent momentum in ZIL has now taken prices to what seems to be a short-term ceiling of $0.1245, with some expecting an imminent breakout. 
However, there appears to be an obstacle in place which could potentially prevent this from happening, with the 14-day RSI also trading at resistance.
Looking at the chart, the relative strength index is currently tracking at 57.06, which is slightly below the ceiling of 57.70.
Should this point be broken, we could be looking at ZIL rallying back towards $0.1400.

THORChain (RUNE)
RUNE also rose on Thursday, moving past XTZ to cement itself as the world’s 44th-largest cryptocurrency. 
Following a bottom of $7.42 during Wednesday’s session, RUNE/USD climbed to an intraday high of $9.35 earlier today.
The move came as RUNE moved away from the support level of $8.15, following what appears to be a false breakout. 

Since today’s surge which saw prices come close to a ceiling of $9.45, there has been some profit taking from traders who look to avoid any price uncertainty heading into the long weekend.
As such, we now have a doji pattern being formed in today’s candlestick, which encapsulates this uncertainty, with bears selling while bulls are buying simultaneously.
Currently, with the RSI still marginally below its ceiling of 50, if it could reach this level, the narrative could change, with more bulls being buoyed to re-enter the market, pressuring bears to give way in the process.
Could we see RUNE hit $10 before the end of this week? Let us know your thoughts in the comments.



























ZIL was up by more than 20% in Thursday&#x2019;s session, as prices rebounded following a string of recent drops. RUNE was also up by over 15% today, as it hit its highest point so far this week. Overall, the global crypto market cap is up 2.08% as of writing. Zilliqa (ZIL) Following almost two w...

Biggest Movers: RUNE, ZIL Rebound Following Recent Losses, Trading Nearly 20% Higher

The ZIL price rally hit the $0.230 mark on April 1st, its highest in the past ten months. However, during mid-week, the several higher price rejection candles indicate the bullish momentum got exhausted from the sudden rally, which resulted in a 30% correction over the last three days. Continue reading to know the significant support levels that could renew the bull run.
Key points

The daily-RSI slope turns down from the overbought zone
The 50 and 100 DMA offers a bullish crossover
The intraday trading volume in the Zilliqa coin is $2.2 Billion, indicating a 35% loss.

Source- Tradingview
The ZIL/USDT pair showed phenomenal growth during the late march, registering a $511 gain from the March 14th low to the April 1st high. The perpendicular rally reached a high of $0.23 on Saturday, but the aggressive sellers forced the ZIL price into forming a shooting star candle(High-wick candle).
A number of these higher price rejection candles indicate the failed attempts from buyers to sustain the above level, which eventually led to a minor correction. The retracement rally has devalued the ZIL price by 32%, dropping its 0.382 FIB level.
However, such corrections are needed to sustain a long uptrend. 
Furthermore, the decreasing volume activity during the correction phase and a Doji candle at Fibonacci support(0.382) suggest a good rebound setup. Even so, if buyers failed to sustain above the $0.155 mark, the altcoin would dump another 14% to meet the 0.5 FIB level.
The ZIL price may consolidate for a few weeks; however, the coin sustaining above $0.365 is favorable to maintain a bullish sentiment. 
Technical indicator
The Relative Strength Index(54) slopes tumbled lower after spending a week in the overbought region. However, the indicator value moving around 70% suggests an overall bullish sentiment.
The sudden upcurve in 20, 50, and 100 DMAs accentuates the aggressive buying from trades. Moreover, the 50 and 100 DMA triggers a positive crossover, encouraging the continuation of the bullish rally

Resistance levels- $0.18, and $0.223
Support levels are $0.153 and $0.136

The post Zilliqa Price Prediction: ZIL Correction Tags 0.382 Fibonacci Retracement; Will It Rebound? appeared first on CoinGape.


The ZIL price rally hit the $0.230 mark on April 1st, its highest in the past ten months. However, during mid-week, the several higher price rejection candles indicate the bullish momentum got exhausted from the sudden rally, which resulted in a 30% correction over the last three days. Continue r...

coingape.com

Zilliqa Price Prediction: ZIL Correction Tags 0.382 Fibonacci Retracement; Will It Rebound?

The Zilliqa(ZIL) technical chart shows multiple higher price rejection candles at $0.211 resistance. This constant rejection from above may trigger a bearish reversal and plunge the altcoin to the $0.136 mark. Is its safe to hold during the correction?
Key points

ZIL chart shows several high-tail rejection candles at $0.221 resistance
The ZIL price could correct till the 0.5 Fibonacci retrenchment level
The intraday trading volume in the Zilliqa coin is $3.4 Billion, indicating a 32% loss.

Source-Tradingview
The sudden pump in the ZIL/USDT pair after the launch of the ZIL metaverse, ‘Metapolis,’ and recent partnership with other firms registered a 371% gain in just six days. As a result, the altcoin reached a high of $0.231 on 1st April, Its highest in the last eleven months.
However, the coin chart displays a long rejection candle at $0.231 resistance, indicating the sellers are restricting any further growth from this point. These failed attempts from buyers suggest they are exhausted, and a minor correction is needed to renew the bullish momentum.
As per the Fibonacci retracement level, the traders can expect the pullback support to $0.157(0.326 FIB) or $0.136(0.5 FIB). 
Technical indicator
The Relative Strength Index(54) slopes have surged straight to the overbought territory, indicating overvaluation of the coin rice. This bolsters the possibility of a minor retracement to stabilize the aggressive buyers.
The perpendicular rally has surged the ZIL price high above the exponential moving average(20, 50, 100, and 200). However, the coin price should keep a reasonable distance from its moving average to maintain a healthy bull run, which also signals a potential pullback.

Resistance levels- $0.221, and $0.256
Support levels are $0.157 and $0.136

The post Zilliqa Price Prediction: Potential Pullback Hints 25% Discount On ZIL Price appeared first on CoinGape.


The Zilliqa(ZIL) technical chart shows multiple higher price rejection candles at $0.211 resistance. This constant rejection from above may trigger a bearish reversal and plunge the altcoin to the $0.136 mark. Is its safe to hold during the correction? Key points ZIL chart shows several high-tail...

Zilliqa Price Prediction: Potential Pullback Hints 25% Discount On ZIL Price

ZIL was on the rise yet again to end the week, as prices are now trading almost 300% higher than on Monday. The increase in value comes as markets gear up to the release of Zilliqa’s metaverse service platform called “Metapolis.” Many expect the official launch to come tomorrow, and anticipate it to be a game-changer in this space. 
Zilliqa (ZIL)
ZIL extended this week’s gains, climbing by as much as 14% today, taking its one-week price increase to over 300%.
Surges in the price of the Zilliqa token came as markets anticipated a new product launch that would adapt a metaverse-as-a-service model. 
Bulls have bought into the idea, with ZIL/USD climbing to an intraday high of $0.2281 on the news.

This is the most ZIL has traded since May 10 last year, and comes as the 14-day RSI continues to track off the charts.
As of writing this, the indicator was tracking at 92.48, which is beyond the overbought threshold of 70, however, does not look to be losing any momentum.
However, the age-old adage “what goes up must come down” rings true, despite current bulls likely to continue riding the wave.

AAVE
AAVE rose to a multi-month high during Friday’s session, as prices rebounded from a disappointing day of trading yesterday.
Following a low of around $205.16 to begin the day, AAVE/USD surged to a high of $246.52 during Friday’s session.
This is the highest point AAVE has hit since January 4, and comes as the 14-day RSI bounded from recent support of 69.05.

The surge in price strength now looks set to take AAVE towards its nearly one-year high of 80, which could coincide with another ceiling.
That ceiling could be the $270 mark, which AAVE hasn’t hit in almost four months, and likely to be a place where a reversal would likely occur.
As seen from the chart, there have been several bullish runs that ended at that point, and this could be the case should we see prices reach this once again. 
Can AAVE reach $270 this weekend, despite being overbought? Let us know your thoughts in the comments.



























ZIL was on the rise yet again to end the week, as prices are now trading almost 300% higher than on Monday. The increase in value comes as markets gear up to the release of Zilliqa&#x2019;s metaverse service platform called &#x201C;Metapolis.&#x201D; Many expect the official launch to come tomorr...

Biggest Movers: ZIL Jumps on Metapolis News, as AAVE Almost 15% Higher on Friday

Solana extended recent gains, as it continued to cement its place as the world’s sixth-largest cryptocurrency. ZIL also rose on Thursday, following yesterday’s 50% increase in its value. All of this came as WAVES jumped by as much as 15% during the session.
Zilliqa (ZIL)
Although solana (SOL) was higher for a third straight session, hitting a multi-month high in the process, it was zilliqa (ZIL) which was once again the day’s biggest gainer. 
Today’s surge saw ZIL/USD climb to an intraday high of $0.218 during Thursday’s session, which is its highest point since last May.
Following the breakout of the $0.1090 resistance, ZIL has rallied to reach a streak of higher highs throughout the course of the week.

Price strength continues to be overbought as a result of these gains, with the 14-day RSI now tracking at 91.51.
This is the highest point this indicator has hit on record, which shows that there could only realistically be one direction long-term from this point.
As seen from today’s candlestick, the wick fell from its earlier highs and now trades at $0.1844, which is likely a result of profit-taking.

WAVES
The price of waves (WAVES) rose for a fourth consecutive session on Thursday, hitting a new all-time high in the process. 
Following yesterday’s high of $60.03, WAVES/USD climbed to an intraday high of $62.36 during today’s trading session.
This move came following earlier lows of $49.68, with WAVES prices trading nearly 13% higher than this, as of writing.

In addition to the current all-time high, the 14-day RSI is also tracking at a peak of 92.28, which is firmly above the overbought zone.
As a result of this, and similar to ZIL, this will likely spur interest from bears, who believe a reversal in momentum is imminent.
The crossover of the moving average also seems to have matured, and a change in direction could come once a resistance in price is found. 
Have we already hit a resistance level in WAVES? Let us know your thoughts in the comments.



























Solana extended recent gains, as it continued to cement its place as the world&#x2019;s sixth-largest cryptocurrency. ZIL also rose on Thursday, following yesterday&#x2019;s 50% increase in its value. All of this came as WAVES jumped by as much as 15% during the session. Zilliqa (ZIL) Although so...

Biggest Movers: ZIL Rallies to 11-Month High, as SOL and WAVES Extend Recent Gains 

AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was trading by over 50% higher during the session.
Zilliqa (ZIL)
Zilliqa (ZIL) was up by over 50% in today’s session, as traders continued to react to the news that Zilliqa was partnering with Agora.
Following the news, ZIL rallied by over 200% in the past week, with today’s gains seeing prices hit an intraday high of $0.1604.
Today’s peak comes as ZIL/USD broke past its resistance level of $0.1080, pushing prices to a new record high in the process.

Looking at the chart, these recent highs have come as prices moved away from the support level of $0.0418 on March 21.
Since then we have seen a streak of higher highs from ZIL, with price strength currently tracking off the charts.
As of writing, the 14-day RSI is currently at a reading of 89.17, which is substantially above its previous high of 65.
This could be inviting to bears looking for a reversal in prices.

Solana (SOL)
AAVE, HNT, and VET were all big movers today, with most of these climbing by over 10%, however the most notable secondary mover today was SOL.
SOL/USD climbed to an intraday high of $124.29 during today’s trading session, as it replaced LUNA as the world’s eighth-largest cryptocurrency.
This move from SOL came as the price broke out of the long-term resistance level at $113.70, hitting a six-week high in the process.

The surge in price on Wednesday, which took prices to their highest since February 7, came as the 14-day RSI moved past its long-term ceiling.
Looking at the chart, the resistance of 65.9 on the indicator was broken for the first time since November and now tracks at 74.4.
With price strength now clearly overbought, we may be set for some consolidation, that potentially leads to a reversal in price, as bulls exit, and bears look to enter.
Will SOL remain above LUNA for the remainder of this week? Let us know your thoughts in the comments.



























AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was trading by over 50% higher during the session. Zilliqa (ZIL) Zi...

Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%

As the largest cryptocurrency, Bitcoin is gradually rising, numbers of altcoins have started to follow the same path. However, concerning the recovery race, the Zilliqa coin(ZIL) has indeed outperformed itself, registering a 240% in the last five trading sessions. This sudden pump in coin price was backed by the launch announcement of ZIL metaverse, ‘Metapolis.’
Key points

The ZIL coin price gave a decisive breakout from $1.4, registering an intraday gain of $55.78%
The daily-RSI slope surged into the overbought zone.
The intraday trading volume in the Zilliqa coin is $458.4 Million, indicating a 3.37% loss.

Source- Tradingview
A falling wedge pattern carried the downtrend initiated in November 2021. The sellers dumped the altcoin to the $0.37 mark, which is the current bottom support for the ZIL traders. Furthermore, with an evident bullish divergence in the daily RSI chart, the buyers breached the pattern’s descending trendline on March 16th.
The ZIL price rose steadily and sliced through the $0.44 local resistance. Amid a series of events like the launch of Metapolis, various partnerships with other firms, and some hiring processes such as appointing Bradley Laws as its Head of Investors Relations, the coin price showed an upright rally of $240% gain.

Inviting beaches, sunny days, and ice cold mojitos. Miami is the go-to destination for amazing experiences, making it the perfect place to launch Metapolis.
Join us on April 2 when we open the doors to Metapolis, and a whole new world of possibilities.
Save the date! pic.twitter.com/7r6UgQ8jfX
— Zilliqa (@zilliqa) March 29, 2022

Moreover, the ZIL price climbed up a ZERO as it went from $0.048 to $0.18 in the last five days. The altcoin has recently breached an important resistance zone around $0.14, suggesting the buyers hope for another leg up.
However, the coin price might pull back to stabilize the aggressive buying. The expected support levels for a dip opportunity would be $0.14, $0.115, or $0.1 psychological level.
A post-retest rally could drive the ZIL price to a $0.2 psychological level.
Technical indicator
The Relative Strength Index(54) shows a similar parabolic rally entering straight into the overbought zone. However, The overvaluation of ZIL price accentuates a minor correction.
The upright rally has left crucial EMAs(20, 50, 100, and 200) slopes far behind in the daily technical chart.
The post Zilliqa Price Prediction: ZIL Price Rose 240% In Last Five Days; Buy Or Sell? appeared first on CoinGape.


As the largest cryptocurrency, Bitcoin is gradually rising, numbers of altcoins have started to follow the same path. However, concerning the recovery race, the Zilliqa coin(ZIL) has indeed outperformed itself, registering a 240% in the last five trading sessions. This sudden pump in coin price w...

Zilliqa (ZIL)

Zilliqa News